2241 Grand Ave, Long Beach, California 90815, Long Beach, 90815 - 4 bed, 2 bath
ACTIVE$1,200,000
2241 Grand Ave, Long Beach, California 90815
4Beds
2Baths
1,536Sqft
6,098.4Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Strong Investment Opportunity: This property is explicitly marketed as an 'excellent investment opportunity' with 'potential for high rental income,' 'strong rental demand,' and 'future appreciation potential' due to its duplex nature.
Top Cons:
Absence of Scenic Views: The property data explicitly states 'view: None,' indicating a lack of desirable scenic outlooks which some buyers might prioritize.
Compared to the nearby listings
Price:$1.20M vs avg $1.16M (+$45,000)50%
Size:1,536 sqft vs avg 1,536 sqft50%
Price/sqft:$781 vs avg $63683%
More Insights
Built in 1946 (79 years old).
Condition: Despite being built in 1946, the MLS description explicitly states 'fully remodeled units' and 'completely remodeled duplex.' The images strongly support this, showcasing a modern aesthetic with new white shaker cabinets, quartz countertops, contemporary backsplash, and new stainless steel appliances in the kitchen. The flooring is consistent LVP throughout, and lighting has been updated to recessed and modern flush mounts. All visible components appear new or virtually new, indicating a very recent and extensive renovation that meets current quality standards.
Year Built
1946
Close
-
List price
$1.2M
Original List price
$100M
Price/Sqft
$781
HOA
-
Days on market
-
Sold On
-
MLS number
OC25105147
Home ConditionExcellent
Features
View-
About this home
Welcome to 2241-2243 Grand Ave- Excellent investment opportunity in highly desirable area. This property features two fully remodeled units with spacious layouts and modern amenities. Located near popular shops, restaurants, and public transportation, it offers convenience for tenants and potential for high rental income. Every unit features a private entrance and outdoor area, making it an appealing choice for those looking to live in one space while renting out the other or leasing both. Situated on a large property, there is plenty of space to build an ADU in the back, accommodating a total of three units. Don't miss out on the chance to invest in a prime location with strong rental demand and future appreciation potential. This completely remodeled duplex is not one to be missed!
Nearby schools
8/10
Bixby Elementary School
Public,•K-5•0.9mi
7/10
Stanford Middle School
Public,•6-8•1.7mi
6/10
Wilson High School
Public,•9-12•1.3mi
Price History
Date
Event
Price
08/24/23
Sold
$650,000
Condition Rating
Excellent
Despite being built in 1946, the MLS description explicitly states 'fully remodeled units' and 'completely remodeled duplex.' The images strongly support this, showcasing a modern aesthetic with new white shaker cabinets, quartz countertops, contemporary backsplash, and new stainless steel appliances in the kitchen. The flooring is consistent LVP throughout, and lighting has been updated to recessed and modern flush mounts. All visible components appear new or virtually new, indicating a very recent and extensive renovation that meets current quality standards.
Pros & Cons
Pros
Strong Investment Opportunity: This property is explicitly marketed as an 'excellent investment opportunity' with 'potential for high rental income,' 'strong rental demand,' and 'future appreciation potential' due to its duplex nature.
Fully Remodeled Units: Both units are 'fully remodeled with spacious layouts and modern amenities,' reducing immediate renovation costs for a new owner and enhancing tenant appeal.
Significant ADU Potential: The large lot offers 'plenty of space to build an ADU in the back, accommodating a total of three units,' providing a clear path for increased income and property value.
Desirable & Convenient Location: Situated in a 'highly desirable area' near 'popular shops, restaurants, and public transportation,' ensuring convenience for tenants and contributing to strong rental demand.
Enhanced Tenant Appeal: Each unit features a 'private entrance and outdoor area,' a highly attractive feature for tenants seeking more privacy and personal space.
Cons
Absence of Scenic Views: The property data explicitly states 'view: None,' indicating a lack of desirable scenic outlooks which some buyers might prioritize.
Age of Original Construction: Built in 1946, despite being 'fully remodeled,' the underlying structure's age may imply potential for older, unaddressed systems (e.g., plumbing, electrical, foundation) that could require future maintenance or upgrades beyond cosmetic improvements.
Unspecified Parking Arrangements: The description does not detail specific parking provisions for two units, which can be a significant consideration for tenants and property value, especially for a property located on a 'Grand Ave'.